Adler Theater Foundation

Organization Overview

Adler Theater Foundation is located in Bettendorf, IA. The organization was established in 1986. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adler Theater Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Adler Theater Foundation generated $260.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $228.8k during the year ending 12/2021. While expenses have increased by 5.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION PROVIDES FUNDS FOR PERFORMING ARTS PROGRAMS PRESENTED AT THE RIVER CENTER FOR THE PERFORMING ARTS INC IN DAVENPORT IOWA. THE FOUNDATION ALSO PROVIDES FUNDS FOR OPERATING EXPENSES OF THE CENTER.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORT OF THE OPERATIONS FOR THE RIVER CENTER ADLER THEATRE


SUPPORT OF THE OPERATIONS FOR THE QUAD CITY SYMPHONY


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $90,108
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $170,746
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $260,854

Grants Awarded

Over the last fiscal year, Adler Theater Foundation has awarded $160,000 in support to 2 organizations.

Grant RecipientAmount

Davenport, IA

PURPOSE: GENERAL SUPPORT

$130,000

QUAD CITY SYMPHONY

Org PageRecipient Profile

Davenport, IA

PURPOSE: GENERAL SUPPORT

$30,000
View Grant Profile

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